626 Monroe St, Hoquiam, WA 98550 - Photo 1

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$425,000

For Sale
Active
Multi-Family
Updated 3 days ago

Listed by Mel White | Keller Williams Eastside | (425) 285-3200

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Property Description

Hoquiam fourplex offering a value-add investment opportunity with existing multifamily use and upside through renovation and repositioning. The property is currently vacant, allowing a new owner to complete improvements and re-lease the units without working around existing tenants. Foundation work is currently underway. Two of the four units have been remodeled, and the property also includes on-site coin-operated laundry. Situated on a quiet corner lot near bus lines, shopping, parks, and schools. Well suited for an investor looking to improve, stabilize, and operate a small multifamily asset in Hoquiam.

Full Property Details

Full Property Details for 626 Monroe St

General

Price: $425,000
Taxes: $3,461 (2025)
Status: Active
Type: Multi-Family
Source: NWMLS
MLS ID: 2589733
Updated: 10/10/2026
Added to Site: 12 day(s) ago

Interior

Flooring: Vinyl, Carpet

Location

Area: 197 - Hoquiam
County: Grays Harbor
Subdivision: Hoquiam
Driving Directions: from N on Lincoln to R on WA , L on Monroe, 626 on R

School Information

High School District: Hoquiam

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Wall Unit(s)
Heating Type: Baseboard

Utilities

Sewer: Sewer Connected

Structural Information

Structure Type: Quadruplex
Exterior Const.: Wood
Roof: Composition
Stories in Building: 2
Year Built: 1913

Unit Information

Units in Building: 4

Lot Features

Lot Size (Acres): 0.1125
Lot Size (Sq. Ft.): 4,902
Lot Size Source: Realist
Lot Features: Alley, Corner Lot, Sidewalk

Financial Considerations

Tax Amount: $3,461
Tax Year: 2025
Terms: Cash, Conventional, Owner Will Carry

Disclosures and Reports

Special Conditions: None
Property ID: 53601300100

Listed by Mel White | Keller Williams Eastside | (425) 285-3200

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Schools

Schools serving 626 Monroe St

School District:Hoquiam School District

Name	Grades	Distance
Lincoln Elementary School, Hoquiam, WA 700 Wood, Hoquiam, WA 98550	PK-6	0.4 mi
Central Elementary School, Hoquiam, WA 310 Simpson Avenue, Hoquiam, WA 98550	2-6	0.5 mi
Emerson Elementary School, Hoquiam, WA 101 West Emerson Avenue, Hoquiam, WA 98550	PK-1	1 mi
Hoquiam Middle School 200 Spencer Street, Hoquiam, WA 98550	6-8	1 mi
Hoquiam High School 501 West Emerson Avenue, Hoquiam, WA 98550	9-12	1.3 mi
Hoquiam Homelink School 2500 Simpson Avenue, Hoquiam, WA 98550	K-12	1.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 626 Monroe St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

10/01/2026

Listed

$425,000

196.17%

MLS

10/24/2017

Sold

$143,500

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 626 Monroe St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$2,736

—

$367,334

45%

2024

$2,736

-10%

$252,905

-8%

2023

$3,026

—

$273,709

36%

2023

$3,026

21%

$201,803

2021

$2,494

-3%

$184,349

—

2020

$2,575

34%

$184,349

28%

2019

$1,920

-12%

$144,069

—

2017

$2,182

11%

$144,069

2016

$1,968

-1%

$133,819

2015

$1,985

-5%

$131,904

—

2014

$2,087

—

$131,904

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 626 Monroe St

626 Monroe St, Hoquiam, WA 98550 (MLS# 2589733) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 626 Monroe St is currently listed for $425,000 and was received on October 01, 2026. Want to learn more about 626 Monroe St? Do you have questions about finding other Multi-Family real estate for sale in Hoquiam? You can browse all Hoquiam real estate or contact a Coldwell Banker agent to request more information.

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626 Monroe St Hoquiam, WA 98550